Bloomingbit Newsroom

BNY Said to Discuss Broad Digital-Asset Infrastructure Partnership With Kraken Parent Payward

BNY, the global custodian bank, is discussing cooperation across digital-asset infrastructure with Payward, the parent company of cryptocurrency exchange Kraken, CoinDesk reported. Citing multiple sources, CoinDesk reported on Oct. 2 that BNY and Pay

Data-Breach Fallout Spreads as FSC Urgently Summons Finance CEOs, Including Digital-Asset Sector

South Korea’s financial authorities are urgently convening the heads of associations across the financial industry, along with the chief executives of financial firms hit by cyber incidents, as a string of breaches involving personal data leaks sprea

Coinbase Receives CFTC Approval for Derivatives Clearing Organization License

Coinbase, the U.S. cryptocurrency exchange, has received approval from the Commodity Futures Trading Commission to operate as a derivatives clearing organization, or DCO. DeFi Rate reported on October 3 that the CFTC approved Coinbase's DCO applicati

US Community Banks Sue OCC, Saying It Lacks Authority to Grant Trust Bank Charters to Digital-Asset Firms

The U.S. community banking industry has sued the Office of the Comptroller of the Currency, arguing the agency lacks authority to grant federal trust bank charters to digital-asset companies. The Independent Community Bankers of America, a trade grou

Study Urges South Korea to Classify DeFi, OTC Providers as Unlicensed Digital-Asset Operators and Restrict Access

A policy study commissioned by South Korean financial authorities recommended classifying decentralized finance, or DeFi, and over-the-counter, or OTC, support providers as unlicensed digital-asset businesses and restricting access and trading by dom

As SEC’s ‘Crypto Mom’ Peirce Nears Departure, Industry Urges Her Policy Approach Continue

The U.S. digital-asset industry is calling for the policy approach of Securities and Exchange Commission Commissioner Hester Peirce to continue as she leaves office on October 2. Peirce has long been known in the industry as “Crypto Mom” for her digi

Three Men in England Break Into Home, Steal Crypto Assets

Three men in England broke into a married couple’s home, assaulted and threatened them, and fled with a substantial amount of crypto assets and several high-end watches. West Midlands Police said on October 2 that the men forced their way into a hous

Bitcoin Dominance Nears 60% as Risk Appetite Grows in Crypto Market

Bitcoin, the largest cryptocurrency by market capitalization, has raised its market share to nearly 60%. CoinDesk reported on October 2 that Bitcoin dominance, or Bitcoin’s share of the total cryptocurrency market value, was approaching 60%. By contr

[Analysis] Bitcoin Futures Buying Pressure Hits Highest Since August; Caution if Price Falls to $83,000

Buying pressure in the Bitcoin futures market has surged to its highest level in about six weeks. Open interest is also rising quickly, indicating that market participants are building positions again. On-chain analyst Axel Adler Jr. wrote on Oct. 2

Kyobo Life Group Expands Push Into Digital Assets Across Insurance, Brokerage Ahead of Regulation

Kyobo Life Group is expanding its digital-asset business across its financial affiliates, including insurance and securities, as it moves to test business models spanning on-chain finance. The group plans to validate applications ranging from premium

StraitsX Plans XSGD Launch on Monad, a First for a Singapore Dollar Stablecoin

Singapore-based digital-asset payments infrastructure company StraitsX said on October 1 that it plans to launch Singapore dollar-denominated stablecoin XSGD and U.S. dollar-denominated stablecoin XUSD on layer-1 blockchain Monad (MON). StraitsX plan

Base Completes Cobalt Upgrade, Adds Compliance Tools for Tokenized Assets

Base, the Ethereum layer-2 network, has completed Cobalt, its third major upgrade, bolstering infrastructure for tokenized finance. Cointelegraph reported on October 30 that Base activated the Cobalt upgrade and added a feature to its B20 token stand

US Spot Bitcoin ETFs See $66.2 Million in Net Inflows

US spot Bitcoin exchange-traded funds maintained net inflows. Farside Investors data showed the funds recorded a combined $66.2 million in net inflows on Sept. 29. BlackRock's IBIT posted $51.1 million in net inflows, followed by Ark Invest's ARKB wi

Binance Pay Enables USDT Payments at PayPay Merchants in Japan

Binance’s payment service, Binance Pay, is rolling out support for Tether’s USDT for overseas users visiting Japan. Cointelegraph reported on September 30 that Binance Pay began offering USDT payments that day at most merchants in Japan that accept P

Sooho.io Hosts Seoul Digital Money Summit 2026, Unveils Global Finance Connectivity Plan

Sooho.io, a digital-asset financial infrastructure company, said on September 30 that it had hosted the Seoul Digital Money Summit, or SDMS, and unveiled a strategy to connect global financial pipelines. The event was attended by officials from KB Se

Crypto Fear and Greed Index Falls to 71, Remains in Greed Territory

Alternative, a cryptocurrency data provider, said on September 30 that the Crypto Fear and Greed Index fell 2 points from a day earlier to 71. As of 9 a.m., Bitcoin (BTC) was trading at $83,680 on CoinMarketCap, up 0.21% from the previous day. Altcoi

Kraken Says Hedera Deposits, Withdrawals Delayed as It Investigates Gateway Issue

Global cryptocurrency exchange Kraken said deposits and withdrawals for Hedera's HBAR token are delayed. On September 30, Kraken said on its official website that it was investigating an issue with the Hedera funding gateway and that deposits and wit

Trump Weighs Former SEC Chairman Jay Clayton for 'AI Czar' Role

South Korean Finance Firms, Held Back by Home Rules, Take Tokenization Tests Overseas to Avoid Falling Behind

Major South Korean financial companies are stepping up efforts to expand into on-chain finance with Ondo Finance, a global real-world asset tokenization platform. With related rules still delayed at home, they are testing the market overseas first. E

Kraken Parent Payward Bets Billions on Becoming a Full-Service Financial Infrastructure Firm

Payward, the parent company of global digital-asset exchange Kraken, is investing billions of dollars as it seeks to transform itself into a full-service financial infrastructure company. CoinDesk reported on September 26 that Payward co-Chief Execut

Circle’s Deeper Binance Tie-Up Could Pose Major Threat to Tether

Circle’s expanded partnership with Binance could put pressure on Tether’s USDT, the world’s largest stablecoin. Martins Benkitis, co-founder and chief executive officer of Gravity Team, told CoinDesk on September 26 that the Binance-Circle collaborat

Ripple to Unlock Up to 1 Billion XRP From Escrow on Oct. 1

Ripple is set to unlock up to 1 billion XRP worth about $1.54 billion on Oct. 1. Finbold reported on Sept. 26 that Ripple plans to release up to 1 billion XRP held in escrow accounts on Oct. 1. At current prices, the tokens are worth about $1.54 bill

[Analysis] Bitcoin Long-Term Holder Selling Eases as Market Turns More Rational

Bitcoin exchange inflows from long-term holders have fallen well below the annual average, signaling that selling by long-term investors is easing, according to an analysis. CryptoQuant contributor Darkfost said on Sept. 26 that an interesting shift

Backpack CEO Says Goal Is to Bring Entire Stock Market On-Chain on Solana

Backpack, a Solana-based decentralized exchange, said it aims to bring the entire stock market on-chain on Solana. On September 26, Backpack Chief Executive Officer Armani Ferrante said the goal is not to offer 10 or 100 stocks, but to bring the enti

CFTC Sues Cash FX Group Over Alleged $950 Million Forex Ponzi Scheme

The Commodity Futures Trading Commission has sued Cash FX Group, a forex investment firm accused of running a Ponzi scheme that raised about $950 million. Cointelegraph reported on September 26 that the CFTC filed the lawsuit in the U.S. District Cou

Bitdeer Mines 288.4 Bitcoin This Week, Sells Entire Haul

Bitcoin miner Bitdeer said in a post on X, formerly known as Twitter, on Sept. 26 that it mined 288.4 bitcoin this week. It sold all of the bitcoin it mined, keeping its holdings at zero.

Bitget to Reveal Withdrawal Resumption Plan by 1 p.m. Korea Time on Sept. 26

Bitget said digital assets affected by the hack are estimated at about $387.5 million. The exchange also plans to disclose how it will resume suspended withdrawals. In a post on its official X account on Sept. 25, Bitget said its analysis showed that

Bitget Warns of Phishing Accounts, Suspicious Links Impersonating Official Channels

Bitget warned users to watch for phishing accounts impersonating its official channels and suspicious links. In a post on its official X account on Sept. 25, Bitget urged users to verify the authenticity of any account, message or link related to the

Bitwise’s NEAR Protocol ETF Wins NYSE Arca Listing, Trading Approval

Bitwise’s NEAR Protocol ETF has received approval from NYSE Arca to list and trade, CoinGape reported on September 25. The fund will trade under the ticker "NRR." As of 7:40 p.m., NEAR Protocol was trading at $4.95, up 18.63% from a day earlier, acco

KelpDAO Sues LayerZero, Alleging It Caused $292 Million Hack

KelpDAO, a decentralized liquid staking protocol, has sued cross-chain protocol LayerZero, alleging it was responsible for a $292 million hack in April. CoinDesk reported on Sept. 25 that KelpDAO filed a civil lawsuit in British Columbia against Laye